
Apartments for Rent in the Magnificent Mile Neighborhood of Chicago, IL (696 Rentals) Page 8 of 14


Park Newberry

50 E Bellevue Pl

Royalle Condominium

The Lancaster

70 E Cedar St

33 E Cedar St

Newberry Plaza

116-120 Chestnut Properties

1150 N Lake Shore Dr

The Rhône

The Buckingham

The Park Shore Condomiums

Maple Tower

Harbor Point Tower

1212 Lake Shore Dr

The Sterling

Kuklas Supper Club Lounge

400 N LaSalle St

Pfister Bldg

Gold Coast Galleria

The Grand on Grand

1242 N Lake Shore Dr

200 N. Dearborn St.

The Heritage Shops At Millennium Park

The Residences at the Joffrey Tower

One East Scott

The Elm at Clark

1300 N Lake Shore Dr

Parc Chestnut

Ritchie Court Condominiums

SIX30 North Franklin Condos

1260 N Astor St

Hanover House

Union Square Condominiums

Jewellers Building

340 W Superior St

351-355 W Chicago Ave

400 W Huron St

Sedgwick at Locust

The Sexton

Gallery 400

Hugo

1430 N Lake Shore Dr

Lake Shore Condominium

The Venetian

Metropolis

Dickinson House

Concord City Centre Lofts

215 W Washington
Magnificent Mile, Chicago, IL Local Guide

How much does it cost to rent an apartment in Magnificent Mile?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnificent Mile Studio Apartments | $2,542 | $1,299 | $9,999 |
| Magnificent Mile 1 Bedroom Apartments | $3,094 | $1,450 | $7,014 |
| Magnificent Mile 2 Bedroom Apartments | $4,688 | $2,200 | $10,000+ |
| Magnificent Mile 3 Bedroom Apartments | $9,291 | $4,345 | $10,000+ |
| Magnificent Mile 4 Bedroom Apartments | $19,174 | $9,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 696 rentals with your search options within a 1 mile radius of the Magnificent Mile Neighborhood of Chicago, IL.
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Frequently Asked Questions about Magnificent Mile
What is the current pricing and availability for apartments for rent in the Magnificent Mile area of Chicago, IL?
As of today, August 19, 2026, there are currently 696 available Magnificent Mile apartments priced from $1,299 to $43,181, with an average monthly rent of $3,478.
How much are Studio apartments in Magnificent Mile?
There are currently 307 Studio Apartments in Magnificent Mile with rent ranges from $1,299 to $9,999 with an average price of $2,542.
What is the current price range for One Bedroom Magnificent Mile Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Magnificent Mile ranges from $1,450 to $7,014 with an average monthly rent of $3,094.
What does renting a Two Bedroom Apartment in Magnificent Mile cost?
The monthly rent prices of Two Bedroom Apartments currently available in Magnificent Mile range from $2,200 to $14,435. Today's average rental price for Two Bedrooms here is $4,688.
How expensive are Magnificent Mile Three Bedroom Apartments?
There are currently 159 Three Bedroom Apartments listings available in Magnificent Mile on ApartmentHomeLiving.com. The pricing ranges from $4,345 to $38,481 - averaging $9,291 for the location.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
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When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
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I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
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Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.